Magazine article Screen International

Ymagis Group Revenues Up 13% in 2016

Magazine article Screen International

Ymagis Group Revenues Up 13% in 2016

Article excerpt

Ymagis Group, the European specialist in digital technologies and exhibitor services for the cinema industry, has reported a 13% rise in revenues in the year 2016.

Revenues totalled euro178.2m for the year, including euro52.3m in the fourth quarter.

The most significant growth was registered in the company's content services division, which pulled in euro47.7m in 2016, a 94.2% rise in comparison with the previous year.

Those earnings were driven by the operations of the business under the Eclair banner, which covers post-production, theatrical distribution services, digital distribution services, versioning and accessibility, restoration, and preservation of film content.

While the bulk of that year-on-year revenue increase is accounted for by the new business brought in as a result of Ymagis completing its acquisition of Eclair Group in July 2015, earnings in Q4 2016 were notably up 35. …

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